Robinsons Land Obtains PSE Board Approval for PhP20B SRO

Robinsons Land Corp. (PSE: RLC) has obtained the approval of the board of directors of the Philippine Stock Exchange Inc. (PSE: PSE) to raise up to PhP20 billion through a stocks right offer (SRO). The said approval was secured on January 10, 2018, while the Securities and Exchange Commission’s (SEC) confirmation of exempt transaction covering […]
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Consortium Formed to Rehabilitate, Maintain and Operate NAIA

Aboitiz InfraCapital Inc., AC Infrastructure Holdings Corp., Alliance Global Group Inc. (PSE: AGI), Asia’s Emerging Dragon Corp., Filinvest Development Corp. (PSE: FDC), JG Summit Holdings Inc. (PSE: JGS), and Metro Pacific Investments Corp. (PSE: MPI) have all agreed to form a consortium to rehabilitate, operate, and maintain the Ninoy Aquino International Airport (NAIA) through an […]
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JG Summit’s P30 Billion Bonds Keep Highest Rating

Pasig—(PHStocks)—The outstanding P30 Billion bond issue of JG Summit Holdings, Inc. (PSE: JGS), the holding company of the JG Summit Group, kept its PRS Aaa rating from Philippine Rating Services Corporation (PhilRatings). The rating also has a Stable outlook. JGSHI is a holding company for a group of companies with substantial business interests in branded […]
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JG Summit 2015 Core Net Income Up 38%

Pasig—(PHStocks)—JG Summit Holdings Inc. (PSE: JGS) posted a 38.1% increase in consolidated core net income, earning a total of PhP28.05 billion in 2015 compared to PhP20.3 billion in 2014. The increase in core net income is due to the double-digit income growth in the company’s core operating businesses particularly in Cebu Air Inc. (Cebu Pacific, PSE: […]
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PHStocks Exclusive: Top 50 Best Performing Stocks in March 2016

Below is the list of the top 50 strongest performing stocks for the month of March. 1. Concrete Aggregates Corp. “A” (PSE: CA): PhP339, 438.09% 2. Da Vinci Capital Holdings Inc. (PSE: DAVIN): PhP5.90, 115.33% 3. Mabuhay Vinyl Corp. (PSE: MVC): PhP4.78, 71.94% 4. Synergy Grid & Development Philippines Inc. (PSE: SGP): PhP250, 64.47% 5. […]
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PHStocks Exclusive: Top 40 Best Performing Stocks in 2015

Manila—(PHStocks)—Happy New Year! We are back again with our list of top performing stocks for the year. The year 2015 has marked another roller coaster ride for Philippine stocks. The Philippine Stock Exchange index dropped by 278.49 points or 3.85% to close the year at 6,952.08—the first time in six years that the index ended […]
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JG Summit 1Q15 Net Income Up 11.2%

Pasig–(PHStocks)–JG Summit Holdings Inc. (PSE: JGS) posted a consolidated net income from equity holders of the parent of PhP6 billion for the first quarter of 2015, an 11.2% increase from PhP5.4 billion for the same period last year. The increase is due mainly to the income growth from core subsidiaries particularly Cebu Air (PSE: CEB), which benefited significantly […]
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Meralco Reports PhP4.4 Unaudited Consolidated Core Net Income for 1Q

Manila–(PHStocks)–Manila Electric Co. (Meralco, PSE: MER) has announced that its unaudited consolidated core net income for the three months ended 31 March 2015 amounted to PhP4.4 billion, 3% higher compared with the same period last year. Consolidated reported net income, which excludes one-time, exceptional charges, for the period also stood at PhP4.4 billion, reflecting a 10% growth over 2014. Core […]
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